Technology CFOs Feel Positive about Budgets, Hiring
Those in charge of finances at technology companies are feeling a little more optimistic about the future than was previously the case, suggests a new study by accounting firm Grant Thornton.
Grant Thornton surveyed 496 chief financial officers (CFOs) on a variety of economic and business topics, 53 of which worked for technology companies. Of those, some 37 percent said they expect to hire more staff in the next six months, compared with 29 percent in all other industries. Moreover, only 2 percent of tech CFOs have plans to reduce staff.
It wasn't all rose colored glasses, however. While a good number of CFOs plan to hire more help, only 11 percent said raises are in the cards for employees. That's significantly less than one year ago, when 32 percent said they plan on handing out raises.